Systems and methods for determining a flow rate or volume of fluid. The system includes a positive displacement meter including a plurality of non-contact sensors and gears configured to rotate in response to fluid flow through the meter. The gears may include detectable areas that may be sensed by the plurality of non-contact sensors to determine a rotational direction of the gears. The plurality of non-contact sensors may also be configured to generate respective detection signals indicative of a rotation state of the gears. The controller may be configured to receive the detection signals, determine a current rotation state, and increment a rotational count based on the changes in the current rotation state. The controller may use the rotational count to determine a flow rate or volume of fluid.